Latham & Watkins > London, England > Firm Profile

Latham & Watkins
99 BISHOPSGATE
LONDON
EC2M 3XF
England

Corporate and commercial > Equity capital markets – mid-large cap Tier 1

Latham & Watkins stands out in complex cross-border equity capital markets transactions, with its London team active in big-ticket listings and other equity fundraises in Europe and further afield internationally. James Inness and Chris Horton co-head the practice, which is notably strong in the technology sector. In 2020, Horton, Anna Ngo and Ryan Benedict acted for the underwriters on a $2.85bn rights issuance by Aveva Group Plc to fund its acquisition of OSIsoft for $5bn. The firm also has a strong flow of European tech IPOs in the pipeline. Elsewhere, beyond the tech space, the firm has acted on a number of strategically significant fund raisings during the Covid-19 pandemic, including accelerated fund raisings by Dechra Pharmaceuticals Plc and Polypipe Group Plc. Josh Kiernan has particular expertise in overseas listings of Israeli issuers. Olof Clausson has retired.

Practice head(s):

James Inness; Chris Horton

Other key lawyers:

Testimonials

Top-tier team, active across the spectrum of equity capital markets both in the UK and internationally.’

Deep bench subject matter knowledge. Consistent delivery of high quality legal advice.’

Stand out partner: James Inness, cool under pressure and strong negotiator.’

James Inness and Anna Ngo are a great team. Creative in solutions and pragmatic in approach.’

Key clients

Abcam plc

Bank of America Merrill Lynch

Citi Group

Diversified Gas and Oil plc

Farfetch

Goldman Sachs

J.P. Morgan

Jefferies

Numis

Morgan Stanley

TI Fluid Systems

UBS

YouGov

Work highlights

  • Advised the joint global coordinators, joint bookrunners and underwriters on Deliveroo Holding plc’s initial public offering on the London Stock Exchange.
  • Advised the underwriters on the Initial Public Offering of Global Depositary Receipts listed on the London Stock Exchange and the Astana International Exchange by Kaspi.kz.
  • Advised the joint global coordinators and joint bookrunners on a £152m cash box placing by Aston Martin Lagonda Global Holdings plc, the iconic luxury British sports car manufacturer.

Corporate and commercial > Private equity: transactions – high-value deals (£250m+) Tier 1

Latham & Watkins has built up a sizeable City private equity practice in recent years and its built on this in 2021 with the ambitious hire of highly regarded partner Paul Dolman from Travers Smith LLP . The sizeable practice now acts for a host of top name buyout houses on complex, high-value transactions, handling take privates, investments, and exits, as well as secondary transactions. The practice has also benefitted from its US presence with roles on a number of SPAC transactions.  Kem Ihenacho  and David Walker  lead the practice and both are both receive positive praise from peers. Other key contacts include Farah O'Brien, Linzi Thomas, Mike Bond, and Tom Evans.

Practice head(s):

David Walker; Kem Ihenacho

Other key lawyers:

Key clients

ArchiMed

Astorg Partners

BC Partners

Blackstone

Brookfield

Canada Pension Plan Investment Board

Cinven

CPDQ

CVC Capital Partners

EQT

Equistone

GIC

Global Infrastructure Partners

Goldman Sachs PIA

Helios Investment Partners

Hellman & Friedman

KKR

KSL Capital Partners

L Catterton

Leonard Green & Partners

Madison Dearborn Partners

OMERS Infrastructure

OTPP

Onex Corporation

Permira

Platinum Equity

PSP

Silver Lake Partners

TA Associates

The Carlyle Group

TPG

Work highlights

  • Advised Silver Lake on its equity investment into Klarna, a Sweden-based provider of payments and shopping services.
  • Advised TPG Capital on its sale of Prezzo, a UK-based operator of restaurants serving food inspired by Italian cuisine, to Cain International.
  • Advised Hellman & Friedman on the c. €15 billion GP led secondary / fund to fund transfer of its controlling interest in the Verisure Securities Direct group

Finance > Acquisition finance Tier 1

Leveraging huge bench strength in London on both the bank and bond side, as well as across across other key financial centres, including New York, Latham & Watkins is extremely well-positioned to provide ‘solutions-oriented‘ advice to myriad lender and borrower clients across their acquisition/leveraged finance needs. ‘Commercial and responsive‘ team head Mohamed Nurmohamed has an excellent following among banks and , alongside the ‘very deal awareStephen Kensell, recently advised the lenders to a private equity consortium on high-profile bank and bond financing to facilitate the €17.2bn acquisition of ThyssenKrupp’s Elevator Technology business. Acclaimed by one client as ‘one of the stars of the modern legal world‘, Sam Hamilton continues to drive much of the firm’s borrower work, in large part due to his work for key private equity sponsor Nordic Capital on its debt finance requirements. The ‘relentlessly hardworking and terrifically smartJayanthi Sadanandan is also a pivotal presence for many borrower clients on their cross-border acquisition finance mandates and has been central to the firm’s recognition in the market as having a ‘world-class sponsor-side finance offering’. Other recommended practitioners include Dominic Newcomb, who ‘is possessed of a gargantuan level of market knowledge’, which he deploys to good effect on behalf of borrowers and lenders; Ross Anderson, who has a very robust lender side practice; Angel Quek , for her sponsor side financing work; and associate Joseph Kimberling , for his cross-border acquisition finance prowess.

Practice head(s):

Mohamed Nurmohamed

Other key lawyers:

Stephen Kensell; Jayanthi Sadanandan; Dominic Newcomb; Sam Hamilton; Ross Anderson; Ross Pooley; Dan Maze; Angel Quek; Karan Chopra; Manoj Bhundia; Fergus O’Domhnaill; Joseph Kimberling; Hendrik Smit; Robert Davidson

Testimonials

Very broad bench. Market leading knowledge. Great deal awareness and solution-oriented.’

Easy to work with and clearly experienced in the leveraged finance market.’

Great team, depth of bench, expertise across multiple jurisdictions and fields. A one-stop-shop for top quality legal advice.’

They have world-class sponsor-side finance and world-class bond teams.’

Intelligent, proactive, hard working and extremely reliable.’

Sam Hamilton is one of the stars of the modern legal world.’

Jayanthi Sadanandan is relentlessly hard-working and terrifically smart.’

Dominic Newcomb is possessed of a gargantuan level of market knowledge.’

Key clients

Nordic Capital

Permira

CVC

EQT

Brookfield

Platinum Equity

Blackstone

Ardian

Cinven

Hellman & Friedman

Work highlights

  • Advised lenders to the consortium of Advent, Cinven, and RAG Foundation on the bank and bond financing for their acquisition of ThyssenKrupp’s Elevator Technology business.
  • Advised the Issa brothers, founders and co-CEOs of EG Group, and TDR Capital LLP, a leading UK-based private equity firm, on the financing for the acquisition of Asda Group Limited (Asda), Walmart Inc.’s (Walmart) wholly-owned UK business, for an enterprise value of £6.8bn, on a debt-free and cash-free basis.
  • Advised arrangers in relation to the €1.75bn senior credit facilities, concurrent with an offering of €1.06bn senior secured notes, in connection with Adevinta ASA’s acquisition of the eBay Classifieds Group form eBay, Inc.

Finance > Corporate restructuring & insolvency Tier 1

On an upward trajectory driven by a number of high profile lateral hires, the most recent of which was the vastly experienced  Bruce Bell , who joined from Linklaters LLP in June 2021, Latham & Watkins‘s ‘exceptional team‘ is well-positioned to handle a wide array of domestic and cross-border restructuring and formal insolvency work. Although the firm has handled its fair share of debtor mandates, including numerous standout instructions within the beleaguered retail sector, it is best-known for its work for funds as creditors/investors. Leveraging her strong relationships with hedge and credit fund clients, the ‘brilliant’ Yen Sum is at the forefront of much of this work and excels in realising value for these investor clients, in often complex capital structures. Simon J Baskerville is global vice-chair of the restructuring practice and is also noted for his funds expertise and the flexibility, as a result of the firm’s US heritage and offices, to advise on solutions which consider both UK and US restructuring tools (including Chapter 11 and 15). The team also includes the well-regarded  Jennifer Brennan, who regularly partners with Sum on work for funds clients. Former practice head  John Houghton quit for Greenberg Traurig, LLP  in summer 2021.

Other key lawyers:

Simon Baskerville; Yen Sum; Jennifer Brennan; James Chesterman; Bruce Bell; Jessica Walker; David Wallace

Testimonials

The exceptional team delivers commercial and highly practical advice.’

The firm provides a balanced offering.’

Yen Sum is brilliant.’

Key clients

New Look

Survitec Group

Finance > High yield Tier 1

Latham & Watkins has by far the largest high yield practice in London, consisting of more than 11 partners, and it consistently has the largest share of the European market. Its work in 2020 had an aggregate value in excess of $200bn. It acts for private equity sponsors, corporate issuers and investment banks, blending US and English law capability, and clients remark that it is ‘a one-stop financing shop with a global arsenal of market-leading talent‘. Practice head Brett Cassidy and key partners Scott Colwell and James Burnett acted for the lenders to the consortium of Advent, Cinven, and RAG in bond and bank financing for their acquisition of ThyssenKrupp Elevators, which is one of the largest-ever buyout deals in Europe and the biggest since 2007. Jocelyn Seitzman handled Garfunkelux Holdco's issuance of senior secured notes, while Jennifer M Engelhardt worked on $1.1bn issuance for CANPACK. Francesco Lione, who helped in the financing of TDR Capital LLP’s purchase of Asda, and emerging talents Fritz Ernemann and Matthew Schneider also play pivotal roles in the practice.

Practice head(s):

Brett Cassidy

Testimonials

‘The depth and breadth of the team are very strong. Jenn Engelhart and Brett Cassidy are the standout partners.’

‘Latham & Watkins provide us with a one-stop financing shop with a global arsenal of market-leading talent. They offer us knowledgeable counsel on the full range of financial products, with a sophisticated understanding of lending and capital markets. We have accessed the capital markets and developed alternatives to raising funds to complete our strategic investments and transformational acquisitions, all with Latham by our side. What distinguishes them is their global footprint, deep bench and collaborative culture, which allows them to bring the right experience to bear on our evolving (and often, challenging) needs, whichever geography or deal structure we happen to be considering at the time. Another distinguishing factor is Latham’s unrelenting commitment to the representation of our interests and appreciation of how we manage our business risk. I have felt well assisted when I have leaned on them for our most significant financing transactions.’

‘My main relationship contact at Latham & Watkins is Francesco Lione, a corporate partner based in London. Francesco has led Latham’s teams on numerous financing matters for us over the last three years, spanning capital markets transactions, preferred equity rounds, acquisition financings, bespoke structured financings and real estate transactions. What strikes me about Francesco is the exceptional breadth of his experience and his understanding of the full transactional spectrum of finance matters: he seemed equally versed in drafting high yield bond covenants as in structuring real estate deals or negotiating shareholder agreements with our preference shares investors. We are confident he is prepared to address any of our organisation’s complex finance needs. With an open and pleasant attitude, Francesco promotes collaboration with all stakeholders and creates a sense of camaraderie among the Latham team members who join him in our widening range of assignments.’

‘Always the strongest team in the industry. Deep, consistent, strong advice. Brett Cassidy, Scott Colwell and Matt Schneider are the standout partners.’

Key clients

Credit Suisse

CVC Capital Partners

Deutsche Bank

EQT

Goldman Sachs

J.P. Morgan

Morgan Stanley

Owens-Illinois

Permira Advisers

PAI Partners

Work highlights

  • Advised the lenders to the consortium of Advent, Cinven, and RAG in bond and bank financing for their acquisition of ThyssenKrupp Elevators, a leading international provider of elevator technology with operations in more than 1,000 locations worldwide, headquartered in Germany. This deal, which notably also straddled the onset of the COVID-19 pandemic, is one of the largest-ever buyout deals in Europe and the biggest since 2007.
  • Advised the banks on Aston Martin Lagonda Global Holdings plc’s (Aston Martin) new comprehensive financing package across the equity and debt tranches.
  • Advised the initial purchasers on multiple issuances of Senior Secured Notes by Virgin Media in connection with its joint venture with O2.

Projects, energy and natural resources > Infrastructure Tier 1

The ‘market-leading infrastructure franchise’ at Latham & Watkins advises infrastructure developers, sponsor consortiums, funds, institutional investors, state-owned entities and lenders on a variety of complex infrastructure transactions, domestically and internationally. The firm specialises in M&A and financing, as well as assisting clients with navigating the difficult regulatory frameworks. Conrad Andersen focuses on all aspects of infrastructure and energy acquisitions and financings, with experience across the full range of assets. He co-leads the practice with Brendan Moylan, whose expertise covers infrastructure and energy acquisitions, disposals, mergers and joint ventures. A key name in their team is newly promoted partner Seonaid Todisco, who handles core and hybrid infrastructure, acting for a range of clients, including infrastructure funds, sovereign wealth funds, insurance companies and pension funds.

Practice head(s):

Conrad Andersen; Brendan Moylan

Other key lawyers:

Seonaid Todisco; Aaron Bassett; Steve Curtis; John Guccione; Rebecca Crowley

Testimonials

‘Market-leading infrastructure franchise; both M&A and financing’.

‘Conrad Andersen, Seonaid Todisco and Brendan Moylan are each particularly strong’.

‘Market leading in M&A and debt work, they see most deals and have the biggest and best teams available’.

‘Conrad Andersen is the best debt lawyer in the market’.

‘Brendan Moylan is an aggressive M&A lawyer, you always want him on your side’.

‘Aaron Bassett is all over every detail, a very strong associate’.

‘Excellent team, deep expertise, broad sector / product coverage, market leading firm’.

‘Stand-out partners include Conrad Andersen and Brendan Moylan – sector experts with very strong client focus’.

Key clients

GIP

IFM Investors

3i Infrastructure

APG

Goldman Sachs Infrastructure Partners

OMERS Infrastructure

Morgan Stanley Infrastructure Partners

Iberdrola S.A.

First State Investments

DWS

Antin

EQT

WPD

Work highlights

  • Advised the Consortium on the bridge financing in connection with a minority investment agreement with Abu Dhabi National Oil Company (ADNOC) for the Consortium to invest in select ADNOC gas pipeline assets valued at US$20.7 billion.
  • Advising First Sentier Investors on two related transactions – its acquisition of SSE’s 50% share in Ferrybridge and Skelton Grange multifuel assets and its acquisition of the UK division of Wheelabrator Technologies Holdings.
  • Advised Rubicone MidCo on the €770 million acquisition of majority stake in Brisa Auto-estradas de Portugal, S.A, a Portuguese toll road operator.

Projects, energy and natural resources > Oil and gas Tier 1

Latham & Watkins has ‘excellent bench-strength’ and handles an assortment of transactions for investment banks, major oil companies and private equity houses. The multidisciplinary energy practice is led by Simon Tysoe and is active across upstream, midstream, and downstream oil and gas projects, corporate mandates, and high-profile energy disputes. Counsel JP Sweny is highlighted for their LNG sector expertise, whilst Craig Nethercott is a key contact for projects in the Middle East, having expertise in Islamic finance. Other core members of the team include energy finance lawyer John Balsdon and Sam Newhouse (who joined from Freshfields Bruckhaus Deringer LLP last year) who handles public and private M&A transactions. The group has an extensive geographical footprint with strong energy practices in Asia, Africa-expertise through  to facilitate cross-border work. The firm also has Afria-expertise, with PE partner Kem Ihenacho and projects partner Clement Fondufe chairing the Africa group.  Matthew Brown handles Latin American project finance work and is noted for power generation work.  Project finance partner Tom Bartlett  joined the firm from White & Case LLP  in 2021.

Practice head(s):

Simon Tysoe

Testimonials

‘JP Sweny is a quiet but key leader’

‘Latham have some leading energy & natural resources lawyers. They have provide me with top quality M&A advice on structuring and executing some extremely complex transactions. They understand (and advise on) the commercial and value angles as much as the legal angles and are a great team to have on your side in a complex transaction.’

‘Sam Newhouse and Simon Tysoe are undoubtedly two of the leading energy lawyers in London. They are very knowledgeable, they know what is happening in the market and are superb technicians. They are always on top of the detail and provide pragmatic solutions to complex problems.

’Very strong team, which is knowledgeable and has excellent bench strength, including at the associate level.’

‘Simon Tysoe makes the Latham offering stand out. His knowledge, adaptability and can-do attitude are second to none and incredibly important for clients – particularly as part of global energy transition.’

’Tom Bartlett is very responsive, and offers commercial solutions in negotiations.’

Key clients

The Carlyle Group

Chevron Corporation

NNPC

Shell

Aker BP

Seplat Petroleum Development Company Plc

Assala Energy

Tullow Oil

Glencore

Sonangol EP

Work highlights

  • Advised Carlyle International Energy Partners on its acquisition of Occidental’s entire onshore oil and gas business in Colombia.
  • Advised TOTAL Deutschland GmbH (TOTAL) on the sale of its shares in the joint venture Großtanklager-Ölhafen Rostock GmbH (GÖR) to EUROPORTS Terminals GmbH (EUROPORTS).
  • Advised Galaxy Pipeline Assets Bidco Limited on its public offering of $4bn senior secured bonds.

TMT (technology, media and telecoms) > Fintech Tier 1

As ‘the crème de la crème of the fintech market’, Latham & Watkins leans on its international network and strong US presence to provide wide-ranging advice to financial institutions, fintech companies and internet companies developing financial offerings. The firm acts for clients on projects involving areas such as blockchain, cryptocurrency, payments and electronic trading. It is able to advise businesses on their full lifecycle, from embryonic ideas to initial public offerings (IPOs) and beyond. The multidisciplinary team offers expertise in financial products and market infrastructure knowledge, technology and commercial matters, and regulatory issues. Team head Andrew Moyle has notable experience of payments and transfers, insurtech and virtual currencies. Stuart Davis is recommended for market infrastructure, blockchain, cryptocurrency and non-fungible token (NFT) matters. In 2020, Shing Lo joined from Bird & Bird LLP, while Mike Turner was hired from Taylor Wessing LLP.

Practice head(s):

Andrew Moyle

Other key lawyers:

Christian McDermott; Fiona Maclean; Stuart Davis; Shing Lo; Mike Turner

Testimonials

‘Immense international capabilities.’

‘Unsurpassable knowledge.’

‘A reliable set of hands for the most difficult problems.’

‘I wouldn’t trust anyone else with serious questions.’

‘Advice and work is provided with certainty and confidence.’

‘Christian McDermott and Stuart Davis in the UK have been of an immense help to our business.’        

‘Super-professional, out-of-the-box and business-oriented team.’

‘Extensive regulatory and legal knowledge.’

Key clients

Airbnb

Bitfury

BlackRock

Celsius Networks

Circle UK Trading Limited

ConsenSys

eToro

Farfetch

Nivaura

Payoneer

PayU

Refinitiv

Shift4 Payments

Silver Lake Partners

Square

StepEx

Symphony

Tokenise

TPG

Work highlights

  • Advised Silver Lake Partners on their $650m minority investment into Klarna Holdings AB, the holdco of Klarna Bank.
  • Advising Paysafe, CVC and Blackstone on EU regulatory matters in connection with Paysafe’s $9bn SPAC merger with Foley Trasimene Acquisition Corp. II
  • Advising PayU on all aspects of its involvement in Diem (formerly known as Libra), Facebook’s flagship digital currency initiative.

Corporate and commercial > Financial services: non-contentious/regulatory Tier 2

Latham & Watkins‘ team in London is an integral part of the firm’s global financial regulatory offering, which counts as clients central banks, wholesale and retail banks, asset managers and insurers. In recognition of the group’s strengths, it is often instructed by market infrastructure providers on ground-breaking regulatory issues. Rob Moulton is the practice head, with experience representing major trade associations in legislative settings. David Berman is an expert in the buy-side regulatory environment and is often called upon in crisis situations. Carl Fernandes is a go-to advisor for an impressive mix of investment banks and asset managers. Nicola Higgs is well-known in the retail investments space. Stuart Davis is a fintech regulatory expert, as well as regularly advising on regulation affecting M&A and capital markets transactions.

Practice head(s):

Rob Moulton

Testimonials

Nicola Higgs is very responsive and excellent at distilling complex regulatory requirements into pragmatic advice which is very commercial and business focused.’

David Berman and Greg Bonne are my go to partners. Both of whom have helped to navigate through some challenging issues involving senior stakeholders. They have invested time in getting to understand both my business and pressure points and are quick to offer pragmatic advice. Highly recommended.’

Key clients

Blackstone

Carlyle

Central Bank of Egypt

eToro

HSBC

Investec

Macquarie

Nomura

Numis

Royal Bank of Canada

Work highlights

  • Advising Goldman Sachs on the build of its first UK Retail Investment Platform – Marcus Invest.
  • Providing anti-money laundering, payments and UK regulatory advice in connection to Airbnb’s Initial Public Offering of 56 million shares on Nasdaq.
  • Advising the Central Bank of Egypt on the formulation of Egypt’s new banking law (No 194 of 2020), a key pillar of the Republic’s ongoing programme of economic reform.

Corporate and commercial > M&A: upper mid-market and premium deals, £500m+ Tier 2

The City corporate group at Latham & Watkins has now built up to the point that it is regarded as one of the most established M&A practices at a US firm in London.  In keeping with the growing importance of transatlantic activity, the team routinely handles some of the most significant public and private company deals in the market, acting on behalf of FTSE and NASDAQ-listed clients alike. The practice is jointly led by the life sciences focused Robbie McLaren  and tech specialist Farah O’Brien, both of whom lead on many of the team’s most high-profile instructions. Nick A Cline is noted for his emphasis on UK and international transactions, advising well-known corporates on a range of deals and other strategic matters. Adding further strength to its bench, recent hires have included Sam Newhouse from Freshfields Bruckhaus Deringer LLP, as well as the tech-focused Mike Turner and Shing Lo (from Taylor Wessing LLP and Bird & Bird LLP respectively).

Practice head(s):

Robbie McLaren; Farah O’Brien

Other key lawyers:

Nick Cline; Sam Newhouse; Mike Turner; Shing Lo; Edward Barnett

Testimonials

‘You feel like their only client which at times is very confusing, considering the number of high profile transactions that they do! They have a very deep bench of lawyers with seeming expertise for pretty much everything a client might want.’

Nick Cline – the ultimate corporate partner for a client. He marshals all the expertise of the firm and ensures it is delivered with a precision and suitability that is astounding. Nick is also personally technically exceptional and rolls his sleeves up when necessary to ensure the perfect product/advice is provided to the client and without fail, on time.

A strong and growing practice with a very commercial approach. Their partners are empowered to do what they need to do to serve the client and I rarely see firm policies or process hamper the delivery of legal services.’

Extensive resources and expertise in life sciences.

Robbie McLaren is commercially focused.’

Key clients

888 Holdings

Abcam plc

Acino Pharma

Alliance Pharma plc

Aon

Ascential

Atnahs Pharma

Baxter International

Experian plc

Farfetch

GlaxoSmithKline

Motherson Group

NRG Energy, Inc

NVIDIA Corporation

Rothesay Life

RPC Group

Sony Pictures

Telenor ASA

Theramex

Venator Materials plc

VEON

Work highlights

  • Advised NVIDIA on its acquisition of Arm Limited.
  • Advised Ligand Pharmaceuticals Inc. on its sale of Vernalis to HitGen.
  • Advised NRG Energy, Inc on its acquisition of Direct Energy.

Dispute resolution > Banking litigation: investment and retail Tier 2

Latham & Watkins' financial services litigation and contentious regulatory team advising major banks and financial institutions in a full range of disputes. 'Hugely experienced banking and finance litigator' Jon Holland and 'energetic, first-rate' Andrea Monks (who has a breadth of experience advising leading global banks, hedge funds and other financial institutions in disputes) jointly lead the practice. Praised for its 'amazing strength in depth', the team also includes Martin Davies and Oliver Middleton who have particular expertise collective and class actions, and associate Nell Perks, who has a breadth of experience in financial services litigation including in cross-border matters where the group can leverage its international network.

Practice head(s):

Jon Holland; Andrea Monks

Other key lawyers:

Martin Davies; Oliver Browne; Nell Perks; Alex Cox; Dan Smith

Testimonials

Andrea Monks – very astute, great fun to work with, very hard working and a great team player. Associate Nell Perks – sensible, thoughtful, thorough. Alex Cox – great technical attention to detail.

Jon Holland – a hugely experienced banking and finance litigator with excellent litigation judgment as well as a great sense of humour. Andrea Monks – a very energetic, first-rate lawyer who is very client focused and is a joy to work with.

Amazing strength in depth. Very hard working. Attention to detail.’

Andrea Monks is a clever and hardworking litigator. Martin Davies is very experienced.’

Even by the high standards of the sector, this is a notably bright and hard-working team which provides outstanding service to its clients. They are pragmatic and alert to commercial realities, but this is underpinned by a rigorous approach to legal issues and strategic decisions, in which the available arguments and options are analysed in depth in order to ensure that the client’s interests are advanced in the best possible way.’

‘They are good communicators who engage sensibly with clients, opposing solicitors, and counsel. Their management of a complex trial during the pandemic was exemplary. I have not come across a better team in this field.’

The recruitment of Jon Holland and Andrea Monks from Hogan Lovells a few years ago is paying dividends for Latham & Watkins in banking litigation, where the firm is increasingly active and visible, winning some notable instructions from prestigious clients.

Oliver Browne (partner) is extremely good with clients. He has excellent judgment, is sensitive to the commercial dynamics of any dispute and understands that litigation is not an end in itself. Dan Smith (counsel) is a fine lawyer who is always eager to explore different angles on a case and often comes up with good points that others might have missed.

Key clients

Goldman Sachs

Deutsche Bank

ABN AMRO Bank NV

Rothesay Life plc

Chicago Mercantile Exchange (CME)

Samba Financial Group

Work highlights

  • Representing ABN AMRO Bank NV, a major European financial institution, together with its worldwide subsidiaries, in cross border litigation relating to the Bernard Madoff Ponzi scheme. This includes asset recovery and litigation in respect of a number of feeder funds in Austria, the British Virgin Islands, the Isle of Man, the Netherlands and the Republic of Ireland.
  • Represented Samba Financial Group, one of the largest Saudi Arabian banks, in a long-running case arising from the multi-billion dollar dispute between the Al-Gosaibi family, Maan Al Sanea and the Saad Group of companies, with related proceedings spanning the Cayman Islands, England, Switzerland, Bahrain and the Kingdom of Saudi Arabia.
  • Representing Chicago Mercantile Exchange (CME) which acquired Nex Group (Nex) in 2018 in the Commercial Court proceedings brought by TP ICAP plc for alleged warranty breaches by NEX arising from the he sale of ICAP’s voice broking business to Tullett Prebon.

Dispute resolution > International arbitration Tier 2

Latham & Watkins' global international arbitration practice has a strong track record and enviable client list spanning states, governments, oil majors, financial institutions and other public companies; and routinely acts in high-value and business-critical disputes that straddle borders, corporate structures, jurisdictions, cultures, political systems and treaties. The group houses two highly rated silks, namely Philip Clifford QC, whose experience includes oil and gas, energy, construction, shareholder and joint venture disputes in relation to projects in Europe, the Middle East, Africa, the US and Asia; and Sophie Lamb QC, who counsels corporate, financial and sovereign entities on their most sensitive and topical international disputes. Providing substantial support are investment treaty arbitration specialist Charles Claypoole; Oliver Browne, whose experience includes handling proceedings under the world’s leading arbitral institutions, as well as on an ad hoc basis; and Sebastian Seelmann-Eggebert, who works between London and Hamburg. Robert Price and Samuel Pape are experienced associates.

Practice head(s):

Philip Clifford QC; Sophie Lamb QC

Testimonials

Highly regarded and successful team in international arbitration and related litigation matters.

Latham & Watkins are well structured to handle large-value disputes.

Strength in depth and strong leadership are the key markers.

This is a mature and experienced team at the partner level.

Vastly experienced in the conduct of high-value high stakes cases, and notably well regarded by their peers.

Their success speaks for itself, but in particular it is noteworthy that there are two QCs (Philip Clifford and Sophie Lamb) running matters in a very hands-on and effective way.

Philip Clifford QC and Oliver Browne are impressive individuals and a pleasure to work with.

Key clients

Ukraine

Strabag

Mason Capital

Mason Management

Ipek Investment

The Republic of Croatia

The Republic of Colombia

Work highlights

  • Successfully defended Ukraine in an SCC arbitration, in which the claimants claimed more than $6bn for alleged breaches of the The Energy Charter Treaty.
  • Successfully represented Strabag, an Austrian construction company, in securing a €100m arbitral award in an ICSID Additional Facility arbitration against Libya that was brought under the Libya-Austria bilateral investment treaty.
  • Representing Mason Capital, a US-based investment management company, in a $240m investor-state arbitration against the Republic of Korea, which relates to a government corruption scandal in Korea.

Dispute resolution > Public international law Tier 2

Latham & Watkins' long-established practice has a strong track record in achieving successful outcomes for state and investor clients. Areas of strength range from international boundary law and Law of the Sea disputes to matters concerning investment treaty law, international trade, sanctions, state and sovereign immunity law, and human rights law, among others. Charles Claypoole is particularly focused on investment treaty arbitration, international trade law and the law of state immunity. He co-heads the practice with Sebastian Seelmann-Eggebert, whose time is split between the London and Hamburg offices, and who works on highly significant PIL matters. Other names to note include arbitration specialist Sophie Lamb QC, as well as experienced associates Robert Price and Thomas Lane.

Practice head(s):

Charles Claypoole; Sebastian Seelmann-Eggebert

Testimonials

A highly skilled team in the PIL sector, especially in the context of investment treaty disputes.

First-rate team with depths of international law expertise and a strategic approach to litigation.

A strong and dedicated international arbitration team that is very timely and effective, and proceeds exactly in accordance with the necessities of the client and the case – very happy to work with this team.

Charles Claypoole is a genius when it comes to investment treaty work. There is nothing about this field which he does not know intimately.

Charles Claypoole is a great arbitration partner of the firm – always on top of the case, works closely with the client, and has very good knowledge of international arbitration.

Sebastian Seelmann-Eggebert and Charles Claypoole are a first-class act in investment arbitration and international law more generally.

Thomas Lane is a hardworking and highly intelligent associate, who leaves no stone unturned.

Key clients

Ukraine

Strabag

Mason Capital

Mason Management

Ipek Investment

The Republic of Croatia

The Republic of Colombia

The Kingdom of Saudi Arabia

VTB Bank

Work highlights

  • Successfully defended Ukraine in an SCC arbitration in which the claimants claimed over $6bn for alleged breaches of the Energy Charter Treaty.
  • Assisted Strabag, an Austrian construction company, with securing a €100m arbitral award (including the majority of its legal costs) in an ICSID Additional Facility arbitration against Libya that was brought under the Libya/Austria BIT.
  • Representing Mason Capital, a US-based investment management firm, in a $240m investor-state arbitration against the Republic of Korea, which concerns a government corruption scandal in Korea.

Finance > Debt capital markets Tier 2

The DCM practice at Latham & Watkins is 'commercial and pragmatic, looking to find solutions with great availability and work ethic'. The firm is best known for its work on US securities, particularly in emerging markets debt, in which it is among the market leaders. It is also a frequent adviser on sovereign debt issuance, having recently advised on transactions in Egypt, Ukraine and Saudi Arabia. Another key part of its practice is work on the private placement of bonds. Lene Malthasen drives the development of the debt capital markets practice and has extensive experience in 144A issuances and liability management transactions, particularly in emerging markets. She recently assisted VEON with the establishment of its $6.5bn MTN programme. David Stewart, who is based in both London and Moscow, is best known for bond issuance in Russia and the CIS. Manoj Tulsiani, who joined from Linklaters LLP in late 2020, has a wealth of experience in advising corporates, governments, and financial institutions on regulatory capital, corporate hybrid, and convertible/exchangeable bond offerings. He recently advised Bank of Montreal on $500m in floating rate notes.

Practice head(s):

Lene Malthasen; David Stewart

Other key lawyers:

Testimonials

‘Very hands on and constructive team members. Looking for commercial solutions, work hard to meet deadlines.’

‘Commercial and pragmatic, looking to find solutions. Great availability and work ethic.’

Key clients

Alfa Bank

BNP Paribas

Citigroup

Deutsche Bank

DTEK Renewables

Goldman Sachs

HSBC

ING

J.P. Morgan

MUFG

Norsk Hydro

Severstal

Tinkoff Bank

UBS

VEON

Western Power Distribution

Work highlights

  • Advised VEON on the establishment of its $6.5bn Medium Term Note Programme and subsequent drawdowns.
  • Advised JP Morgan as solicitation agent on the solicitation of consents relating to (a) Shortline plc $500,000,000 9.875% Loan Participation Notes due 2021; and Rail Capital Markets plc $594,902,000 8.25% Loan Participation Notes due 2024 issued by Shortline plc (Ukrainian Railways) to amend certain covenants in light of the impact of COVID 19.
  • Advised dealers Bank of Montreal, BNP Paribas and Citi on $500m SOFR Floating Rate Notes due 15 April 2026 issued by AIIB off their GMTN programme. This was the inaugural SOFR deal issued by AIIB and issued in Reg S/144A format.

Finance > Securitisation Tier 2

Latham & Watkins has 'an excellent team, with a wide breadth of asset class and structural knowledge', remarks a client, who describes it as 'a go-to firm for innovative and/or challenging structures'. The firm is busy across the board in securitisation, handling mainly trade receivables deals, but also CLOs, whole business transactions, RMBS, CMBS and a range of other asset classes, including auto and consumer loans, credit cards and more esoteric assets such as aircraft loans and music royalties. Among its recent standout deals is its work for Funding Circle on becoming the first accredited SME loans platform under the UK Government’s Coronavirus Business Interruption Loans Scheme. Jeremiah Wagner led that transaction, bringing to bear his substantial transactional and regulatory knowledge. Sanjev Warna-kula-suriya, as chair of the global structured finance and securitisation practice, handles a broad range of work from CLOs to CMBS deals. Stephen Curtis focuses particularly on infrastructure, regulated utilities, commercial real estate and operating assets. Newly promoted partner Thomas Cochran has a growing presence in the firm's flagship deals.

Practice head(s):

Sanjev Warna-kula-suriya

Other key lawyers:

Stephen Curtis; Jeremiah Wagner; Thomas Cochran; Daniel Marcus; Alexander Martin

Testimonials

‘An excellent team, with a wide breadth of asset class and structural knowledge. Also our go-to legal firm for innovative and/or challenging structures.’

‘Jeremiah Wagner is an exceptional lawyer who combines expert legal knowledge with commercial application.’

‘Excellent commercial judgement and responsiveness, well organised and clear communication, technical proficiency and easy to deal with.’

‘Jeremiah Wagner and associate Daniel Marcus provide us with excellent all-round coverage and a single point of access to the wider firm, whatever the topic.’

Key clients

Funding Circle

J.P. Morgan

Stenn Assets UK

Goldman Sachs Bank USA

Kongsberg Automotive

Issa brothers, founders and co-CEOs of EG Group, and TDR Capital LLP, a leading UK-based private equity firm

Magnetar Capital

Real estate > Environment Tier 2

The ‘innovative and adaptive’ team at Latham & Watkins assists high-profile international clients with a range of matters, proving it is ‘capable of providing both expert legal and policy advice’. The team, which often works together with colleagues in the United States, provides due diligence and advises on the environmental aspects of M&A transactions for chemical, energy and finance sector clients, as well as supporting on strategic regulatory matters. On the contentious side, the team is active in high-stakes litigation including judicial reviews and international class actions. Paul Davies, described as ‘one of the most innovative lawyers in the environmental field’, is at the helm. He also leads the firm’s ESG practice and has notable expertise in matters in China.

Practice head(s):

Paul Davies

Other key lawyers:

Michael Green

Testimonials

‘I am highly impressed by the deep expertise of the Latham & Watkins team over broad range of environmental enforcement and compliance issues under US and Chinese laws. Their proactiveness and effectiveness in communication is uniquely strong among the firms that I work with.’

‘Innovative and adaptive, anticipating client needs before clients do, capable of providing both expert legal and policy advice. Solid purchase on developments in key emerging economies like China.’

‘Paul Davies is an extraordinary asset and one of the most innovative lawyers in the environmental field.’

‘Excellent due diligence support – focused, but pragmatic. Highly experienced. Solutions focused and able to look at innovative ways to help close the deal, such as liability transfer and insurance solutions.’

‘Paul Davies is a highly experienced lawyer, who is as expert in the UK as he is overseeing global deals. He is collaborative and solutions focused. Michael Green provides excellent support to Paul. He is diligent and expert in his role.’

‘What makes the team unique is its ability to gather talents and to make them work together as a group where each and every personality and competency is recognised and promoted. It is real asset for the client on top of it being a pleasant experience. The team stands out as a group of genuine environmental law specialists, with the experience, the know-how and expertise required in this complex, changing and challenging area of the law.’

‘Paul Davies is always praised by colleagues and clients and it is well deserved. He stands out for his expertise, foresight and thought-provoking approach to novel aspects of environmental law and the challenges they bring. His reputation goes well beyond the UK market; he is one of the key players behind Latham & Watkins’ successful environmental law strategy worldwide.’

‘Michael Green is rigorous and very skilled at providing clear, concise, and user-friendly advice. His understanding of the client’s business and issues is superb. He and Paul Davies form a fantastic professional duo where both manage a multi-jurisdiction team made up of remarkable talents.Both (as well as the rest of the team Europe-wide) are extremely pleasant to work with.’

Key clients

Platinum Equity

BayWa

The Carlyle Group

The Blackstone Group

First Sentier Investors

Triton Partners

SABIC UK Petrochemicals

American Airlines

Farfetch

Microsoft Corporation

Work highlights

  • Advising Microsoft on potential investments from its recently created Climate Innovation Fund, which will invest $1 billion over the next four years in new technologies and innovative sustainability solutions.
  • Advising First Sentier Investors on the acquisition of SSE’s 50% share in Ferrybridge and Skelton Grange multifuel assets and the acquisition of the UK division of waste-to-energy business Wheelabrator Technologies Holdings.
  • Advised Ardian on its $2.25 billion acquisition of a 50% stake in Angus Chemical Company, a manufacturer and distributor of nitroalkane based chemicals.

Risk advisory > Data protection, privacy and cybersecurity Tier 2

Latham & Watkins acts for a range companies, from start-ups to large multinationals, on a wide variety of privacy and security matters. The practice is well versed in advising on the data protection aspects of corporate deals, and also handles compliance issues, investigations, regulatory matters and litigation. On the cybersecurity side, the team is recommended for crisis responses following serious data leaks and cyberattacks. Gail Crawford heads up the practice and is well regarded for cross-border data privacy compliance work, with a focus on the technology, financial services, asset management, media and healthcare sectors. Fiona Maclean handles cloud and outsourcing matters, and Ian Felstead is a name to note for litigation and regulatory disputes.

Practice head(s):

Gail Crawford

Other key lawyers:

Testimonials

‘James Lloyd is very sharp, easy to work with and provides careful but practical advice’.

‘James Lloyd is a very impressive partner who knows the law, and technology, on cybersecurity security breaches inside out’.

Key clients

Facebook, Inc.

Ernst & Young

Intuit

Citi Ventures, Inc.

Pipedrive, Inc.

Silver Lake Partners

ironSource Ltd.

Sony Pictures Entertainment

ReCor Medical

Tencent

Work highlights

  • Representing Facebook in over a dozen major complex, global regulatory enforcement matters, including regulatory proceedings stemming from Facebook’s September 2018 data breach.
  • Acting as the trusted adviser to EY Global Services on global data privacy issues.
  • Advised Intuit, Inc., a global technology platform and financial software company, on cross-border data privacy matters in connection with a number of its strategic acquisitions.  

TMT (technology, media and telecoms) > IT and telecoms Tier 2

With particular experience in the technology sector, Latham & Watkins handles data and payments projects, in addition to fintech, insurtech and cloud-related matters. Andrew Moyle, who co-leads the team, assists clients with technology, IP and commercial transactions. Fellow practice head Gail Crawford specialises in helping clients with complex data privacy and security matters, as well as licensing and exploiting various forms of disruptive technology. Christian McDermott is also a core member of the team. 

Practice head(s):

Andrew Moyle; Gail Crawford

Other key lawyers:

Testimonials

‘Excellent team, technically capable lawyers with sufficient expertise and depth to handle very complex transactions.’

‘Christian McDermott is very capable; able to explain complex matters clearly and identifying issues far in advance.’

Corporate and commercial > EU and competition Tier 3

Latham & Watkins has built up a strong London competition practice capable of advising on a range of non-contentious issues, as well as litigation. In addition to an enviable track record advising on the competition aspects of international M&A transactions, the group also handles issues relating to cartels, abuse of dominance and CMA market studies. Jonathan Parker and  David Little co-lead the team; the former has experience representing clients in appeals to the UK Competition Appeal Tribunal and the EU General Court. while the latter has developed a niche in the TMT sector. John Colahan retired from private practice in December 2020.

Practice head(s):

Jonathan Parker; David Little

Other key lawyers:

Oliver Browne

Testimonials

Tremendous expertise. Great practical advice. Great understanding of business ramifications.

David Little is a fantastic counsellor. His business focus and antitrust expertise are fantastic. He can clearly explain complex tensions and assist companies in seeing the right path for applying regulation to their particular situation. He represents clients well and is someone I would have full faith in representing me and my company in front of any internal or external stakeholders.’

Jonathan Parker in Latham’s UK office is excellent. He understands the CMA, their concerns, and how they operate. If you need an expert for UK antitrust matters, he is the one to call. Don’t wait for the CMA to find an issue — hire him from the beginning on all your deals to get the best advice on what to do.’

Key clients

Facebook

KKR & Co. Inc. (“KKR”)

NVIDIA

Lime

Siemens Healthineers AG (Siemens Healthineers)

GRAIL, Inc.

Aon plc

Farfetch

American Airlines Group

Triton

Work highlights

  • Advised NVIDIA Corporation on the potential acquisition of Arm Limited.
  • Advised Facebook on the CMA’s investigation into its completed acquisition of Giphy.
  • Advised KKR on the CMA’s Phase 1 review of the acquisition of OverDrive Holdings,Inc by its portfolio company RBMedia.

Corporate and commercial > Financial services: contentious Tier 3

The team at Latham & Watkins benefits significantly from the firm's global footprint, enabling it to handle contentious financial services matters across multiple jurisdictions and involving US regulators in particular. Clients include banks, asset managers, PE firms, exchanges and funds, as well as a multitude of their senior managers and executives. 'Experienced litigator' Jon Holland co-leads the group with 'hugely energetic and thoughtful lawyer' Andrea Monks, whose practice increasingly involves transatlantic regulatory investigations. The group benefits from the presence of Stuart Alford QC, whose specialisms include economic criminal cases. Associate Nell Perks is increasingly known for her expertise in the UK anti-money laundering regime and the related internal investigations.

Practice head(s):

Jon Holland; Andrea Monks

Other key lawyers:

Testimonials

Jon Holland – a hugely experienced litigator with excellent litigation instincts and a first rate strategist. Andrea Monks – a hugely energetic and thoughtful lawyer who is very client focused and is a delight to work with. Martin Davies – a very highly regarded, high profile litigator with excellent judgment and a very engaging manner.’

Work highlights

  • Representing a number of senior individuals (current and former bank employees) following guilty pleas by former traders to commodities fraud and a spoofing conspiracy.
  • Representing a former senior executive of a major bank in relation to the numerous international investigations into allegations of money laundering.
  • Representing a private equity firm and one of its portfolio companies which is a regulated entity which has been placed on the FCA Watch List. This is a large mandate with multiple workstreams.

Corporate and commercial > Venture capital Tier 3

Latham & Watkins' emerging companies team has gained acclaim from both investees and investors as a result of its 'versatile and highly competent' offering which has shown a 'willingness and ability to flex on venture capital deals.' The firm's US heritage and its capital markets prowess, on both sides of the Atlantic, ensures that it is particularly adept at advising on investments utilising US capital; it also has the flexibility to advise on exits via IPO. Mike Turner  'has masses of experience' at handling TMT-related venture capital deals and is a key member of the team that also includes the 'very commercial' Shing Lo, who has 'an excellent understanding of the market - on both UK and international deals'; Lo spearheads most of the firm's work in the early stage financing space. Robbie McLaren also contributes to the firm's healthcare and life sciences expertise.

Practice head(s):

Robbie McLaren; Mike Turner; Shing Lo

Other key lawyers:

Jon Fox; Samantha Si; Samantha Peacock; Katie Peek; Terry Charalambous

Testimonials

A high quality team with good bench strength following all of the recent big name hires – show real commitment by the firm to the sector.’

Their integrated service offering is particularly useful on our international deals and the service provided is of a consistently high quality. Even though Latham & Watkins is known as a high billing firm, we have been impressed with their ability to flex on VC work. We think they understand the value of the working in the tech ecosystem.’

Although the VC practice at Latham & Watkins is new, they have proven themselves to be extremely versatile and highly competent, with a great breadth of capability with lean and efficient staffing precisely suited to VC transactions. The VC team have advised on a number of high-profile deals and have a prestigious roster of VC and tech company clients, including up and coming companies with environmental or social impact goals.’

Mike Turner has masses of experience and is always a real pleasure to work with.’

Shing Lo is our go-to for early stage and growth stage work VC deals. She has a very commercial approach and an excellent understanding of the market – on both UK domestic deals and international deals.’

Robbie McLaren is very commercial and responsive.’

‘Jon Fox has an outstanding work ethic and command of detail.’

Katie Peek is efficient, pragmatic and gave good advice on both technical and commercial points.’

Key clients

8VC

ATAI Life Sciences

Atomico

Bloom & Wild

Burda Principal Investments

Carbon Clean

Citi Ventures

Coatue Management

Comply Advantage

Darktrace

Exscientia

Fertifa

Hoxton Ventures

HSBC Ventures

KKR

Moneybox

Novo Holdings

Reface

Spout Care

TQ Ventures

Union Square Ventures

VEON Ventures

Whirli

Wolt

Zencargo

Work highlights

  • Advised Bloom & Wild, Europe’s largest online florist, on its £75m Series D fundraising round.
  • Advised Whirli, the toy sharing subscription service, on its £4m Seed funding round.
  • Advised Hoxton Ventures on its investment in Skin Analytics Ltd’s Series A fundraising round.

Dispute resolution > Commercial litigation: premium Tier 3

Latham & Watkins' disputes department is 'an excellent team for high-value litigation'. The group represents its 'outstanding client base' in a range of disputes including data protection issues and collective and group actions. Within the latter, practice head Martin Davies and recently promoted partner Oliver Middleton have particular experience. The 'outstanding' Ian Felstead is a key contact for media, technology, and sports clients, while the 'exceptional' Oliver Browne has a broad practice covering a range of domestic, cross-border and arbitration-related litigation.

Practice head(s):

Martin Davies

Other key lawyers:

Andrea Monks; Ian Felstead; Oliver Browne; Oliver Middleton; Hayley Pizzey; Tom Watret

Testimonials

The Latham & Watkins dispute resolution team has an outstanding client base with very tricky litigation disputes and I highly recommend them.’

Ian Felstead and Hayley Pizzey are both extremely hard working and an absolute joy to work with – they are a real ‘dream team’ and I highly recommend them both. Ian Felstead is an outstanding lawyer – he can turn his hand to any area of law and quickly become an expert in it. He also has excellent judgement. Hayley Pizzey is a fantastic lawyer – she is extremely bright and has an excellent understanding of legal issues and commercial concerns. Her analysis of a case is impressive and her attention to detail is truly beyond compare.’

Really excellent lawyers who always go that extra mile for the client when the easier option would be not to. My experience working with them has been excellent. Superb lawyers. They are speedy, with a great attention to detail, and are a real pleasure to deal with. They have great experience and litigation nous. They are right at the top of the league of UK lawyers that I have dealt with over the last 3 years.

Oliver Middleton and Tom Watret – good examples of the team spirit. Endlessly resourceful and hard working to get the best possible result for the client.

Oliver Browne is an exceptional lawyer and leader of teams. He gets the best result for his clients and has exceptional insight into what is needed to prevail in London litigation.

Martin Davies and Andrea Monks are head and shoulders above most dispute resolution partners in their willingness to roll up their sleeves, get to grips with the depths of a case, in order to identify the optimal strategy for their client.

An excellent team for high-value litigation. Tactically astute; highly organised; with first-rate client handling skills. Real strength in depth: the associates are uniformly clever, diligent, and pleasant to work with.’

Key clients

Ms Sana Sabbagh

Facebook

Shell

Telenor

Koza Limited

Cast & Crew Entertainment Services, Limited

New Look

Allergan

Caesars Entertainment

The Carlyle Group

Apollo Management International

One Equity Partners

KKR

ITV plc

Work highlights

  • Representing Aerium Finance Limited and Mr Ely-Michel Ruimy who are two of over 35 defendants in a large-scale fraud claim, which will be one of the largest disputes ever heard in the Commercial Court.
  • Represented Ms Sana Sabbagh – the claimant in litigation alleging a multi-million pound conspiracy by the defendants to deprive the claimant of the ownership of shares in, and assets related to, one of the largest construction groups in the Middle East.
  • Representing the insolvency administrator of Germany’s former second largest airline, Air Berlin, in a widely-watched dispute regarding an action for damages against former parent company, Etihad, following its decision to withdraw funding it had committed to provide in a April 2017 letter of support, which ultimately forced Air Berlin – Europe’s 10th largest airline – into bankruptcy.

Finance > Bank lending: investment grade debt and syndicated loans Tier 3

Headed by Mohamed Nurmohamed, Latham & Watkins' 16-partner banking team displays 'great deal awareness', as a result of its balanced lender and borrower client base and visibility in many of the most significant and sophisticated big-ticket finance deals in the market. Many of these mandates are within the leveraged finance space and are a direct result of the firm's 'market-leading integrated loans and high yield bond offering'; nevertheless, the team continues to pick up market share in the broader investment grade/syndicated loans space. The 'superb' Stephen Kensell is pivotal to work in the space, including as it relates to investment grade M&A and general corporate lending activity.

Practice head(s):

Mohamed Nurmohamed

Other key lawyers:

Finance > Derivatives and structured products Tier 3

Latham & Watkins has a well-regarded derivatives and structured products team in London, with key names including global structured finance and securitisation chair Sanjev Warna-Kula-Suriya and capital markets and derivatives expert Dean Naumowicz.

Industry focus > TMT Tier 3

Latham & Watkins‘ data and technology transactions group is led by global practice chair Gail Crawford and fintech global co-chair Andrew Moyle, who also heads the firm’s outsourcing practice. The firm is able to combine market-leading M&A capabilities with complementary expertise in commercial contracts, intellectual property and data protection to lead on bet-the-company deals such as NVIDIA’s $40bn acquisition of chip designer Arm from SoftBank, a deal on which IP specialist Deborah Kirk played a key role. The firm also has an impressive track record of work on cloud outsourcing transactions and complex financing deals.

Practice head(s):

Andrew Moyle; Gail Crawford

Other key lawyers:

Fiona Maclean; Deborah Kirk; Christian McDermott

Key clients

Credit Suisse Equity Derivatives

Goldman Sachs

Cradlepoint

Vodafone

NVIDIA Corporation

BlackRock

Thought Machine

Citibank

The Rise Fund

GIC

Bandwith

I Squared Capital

Work highlights

  • Advised BlackRock with respect to migrating key elements of its investment management platform to the cloud; a global project which involved conducting a regulatory analyses of over 10 key jurisdictions across the world to determine regulatory requirements and limitations with respect to the hosting of an investment management platform by a third party.
  • Advised NVIDIA in its $40bn acquisition of Arm Limited, the Cambridge-headquartered semiconductor and software design company, from SoftBank.
  • Advised the funders to Polhem Infra on their acquisition of Telia Carrier, a provider of telecommunication services in Sweden.

Insurance > Insurance: corporate and regulatory Tier 3

Latham & Watkins' insurance practice has made significant strides since the arrival of Victoria Sander from Linklaters LLP in 2019. Sanders has been active in the insurance space for 20 years, focusing on M&A, demutualisations, reinsurance and distribution arrangements. She works with Martin Saywell, whose experience includes public and private M&A, restructurings and private equity investments. Carl Fernandes is a name to note for regulatory advice. Another key individual is Beatrice Lo, who was promoted to partner in 2020. The firm acts for clients such as Aon, AXA and Royal London.

Practice head(s):

Victoria Sander

Testimonials

Victoria’s knowledge is simply incredible and I feel much better-equipped to deal with the market knowing I have Victoria to rely on.’

Key clients

Rothesay Life

Aviva Life and Pensions

Prudential Assurance Company

Aon

Royal London

Scottish Widows

Domestic & General

Just Group

AXA

British Columbia Investment Management Corporation

Work highlights

  • Advising Rothesay Life Plc on an unprecedented challenge to the High Court’s refusal to sanction the transfer of around 370,000 annuity policies in August 2019 from The Prudential Assurance Company Limited (PAC) to Rothesay.
  • Advising CPPIB, CDPQ and OTPP as cornerstone investors on the $3.2bn acquisition by a consortium of investors including Intact Financial Corporation and Tryg of RSA Insurance Group.
  • Advising Towerbook Capital Partners on the £2.8bn acquisition by a consortium of investors including TowerBrook Capital Partners and Warburg Pincus of AA.

Investment fund formation and management > Private funds Tier 3

Latham & Watkins advises fund managers and institutional investors across the full range of products and asset classes, including buyout, growth equity, venture capital, and infrastructure funds. The team handles fund formation, management and operational issues, and secondaries, as well as regularly advising investors on representation and strategy. Practice head Nick Benson has a diverse practice, with notable expertise in cross-border work in various jurisdictions, alongside industrial and technology investments. James McCrory is noted for his active venture capital practice.

Practice head(s):

Nick Benson

Other key lawyers:

Testimonials

The Latham team have demonstrated strong command of business/commercial sense on top of their superior proficiency.  They understand and appreciate relationship-building, which make us return to them as our go-to lawyers, especially in critical time sensitive tasks.

Team is proficient, professional and very knowledgeable. James McCrory is our lead funds lawyer and has consistently delivered excellent results.

The team is experienced, practical and efficient. They can bring top experts and expertise from any global market quickly and seamlessly.

The most client-centred legal team I have ever worked with. They really care about making the client successful, listening carefully to what the client wants, generating practical options for discussion, providing robust advice and creatively and efficiently navigating their way to the optimal solution.

Key clients

China Investment Corporation

OMERS Infrastructure

Waterfall Capital

LaSalle

VentureSouq

Generali

Quadriga Capital

Capvis

Chimera Capital

Flashpoint Venture Capital

Work highlights

  • Advised Waterfall in connection with its appointment as replacement investment manager of Pollen Street Secured Lending plc. (AUM >£700 million) an investment trust that invests into private credit assets across US and Europe.
  • Advising VentureSouq, a tech investment firm, raise its flagship venture capital fund. VentureSouq is one of the leading early stage investors in the Middle East. The team and fund is supported by very large anchor commitments from the Saudi sovereign wealth funds.
  • Advised CIC on a joint venture with Eurazeo and BNP Paribas to launch a private equity fund targeting investments in European companies that have a particular China angle. This transaction is not only commercially significant for the parties involved but is closely supported by the French and Chinese governments, in the context of their current diplomatic and trade initiatives.

Investment fund formation and management > Real estate funds Tier 3

Latham & Watkins advises high-profile fund managers (such as LaSalle) on real estate fund formations and downstream investments, including innovative structures such as co-investments, master-feeder arrangements and separately managed accounts. The team is led by Nick Benson, who acts for international fund managers and investors. James McCrory also has a strong profile in the real estate funds space and leads on the firm's most complex mandates.

Practice head(s):

Nick Benson

Other key lawyers:

Key clients

China Investment Corporation

OMERS Infrastructure

Waterfall Capital

LaSalle

VentureSouq

Generali

Quadriga Capital

Capvis

Chimera Capital

Flashpoint Venture Capital

Work highlights

  • Advised Waterfall on its appointment as replacement investment manager of Pollen Street Secured Lending plc.

Projects, energy and natural resources > Mining and minerals Tier 3

Latham & Watkins’ mining practice group is led by Craig Nethercott and advises on a range of large-scale mining activity and environmental law. The team counts a number of mining and metals companies, including ArcelorMittal, as key clients, and also acts for governments in arbitration. Chirag Sanghrajka maintains a busy corporate finance practice and is based between London and Dubai. Clement Fondufe, who co-chairs the firm's Africa practice, handles international and domestic financial transactions, and advises on the development and financing of large projects in the oil, gas and mining industries.

Practice head(s):

Craig Nethercott

Key clients

Rio Tinto Alcan Inc.

Aluminium Bahrain B.S.C.

Ma’aden

ArcelorMittal S.A.

Mubadala Development Company PJSC

Global Aluminium

Royal Hill Mining

EVRAZ plc

Work highlights

  • Representing the Republic of Colombia in an ICSID arbitration brought by Galway Gold Inc. in relation to mining activities in the protected area of the Santurban moorlands in Colombia.
  • Representing the Republic of Colombia in an ICSID case brought by Red Eagle in relation to mining activities in the protected area of the Santurban moorlands in Colombia.

Risk advisory > Regulatory investigations and corporate crime (advice to corporates) Tier 3

Active in agency investigations, Latham & Watkins benefits from its team members’ multilingual skills and strong  relationships with regulators across multiple jurisdictions, particularly in the UK and the US. Money laundering, bribery and corruption, and fraud are mainstays for the practice. The team is also equally well-positioned to conduct high-stakes internal investigations for companies in the sectors such as retail, energy, aerospace and pharmaceuticals. Stuart Alford QC shares leadership of the department with Nathan Seltzer, who splits time between London and Washington DC.

Practice head(s):

Nathan Seltzer; Stuart Alford QC

Other key lawyers:

Clare Nida

Testimonials

‘Great investigations capability. World class. Innovative practical solutions.’

‘Stuart Alford QC is well known in the industry.’

‘Clare Nida is excellent.’

Key clients

Farfetch

A national petroleum investment company of a Middle Eastern country

DarkTrace

Work highlights

  • Assisting a multinational pharmaceutical corporation in connection with significant global internal investigations involving complex corruption-related allegations as well as compliance culture assessment.
  • Assisted a defence contractor with an internal investigation related to interactions with military officials and US government contracting.

Corporate and commercial > Corporate tax Tier 4

Latham & Watkins's tax team advises on the full range of corporate matters including M&A, private equity and capital markets transactions; the team also demonstrates particular expertise in handling cross-border tax issues. Sean Finn heads up the London tax team, which includes Karl Mah, who is a key contact and has significant experience in advising on high-profile M&A and private equity transactions. Sarah Gadd is also noted and focuses on employment tax and share incentives matters.

Practice head(s):

Sean Finn; Karl Mah

Other key lawyers:

Testimonials

Responsive and great breadth of services covered.’

Sean Finn – responsive, clear understanding of rules in a variety of tax matters. Able to work on private equity, infrastructure transactions as well as various non-corporate tax matters.’

Key clients

Global Infrastructure Partners

Issa Brothers

TPG Capital Limited

One Equity Partners

HIG Capital

Caesars Entertainment

Allied Universal Security Services

Funding Circle

Eleusis Holdings Limited

Cerner Corporation

Barings

Carlyle

Platinum Equity

Blackrock

Microsoft

GlaxoSmithKline

Work highlights

  • Advised Global Infrastructure Partners with regard to the $20.7bn bridge financing in connection with a minority investment in ADNOC Gas Pipeline Assets LLC, an owner of gas pipelines.
  • Advised a consortium comprising TPG, SingLife, Sumitomo Life Insurance Company, and others on a S$2.7bn transaction to combine SingLife with Aviva Singapore.
  • Advised NVIDIA on its $40bn acquisition of Arm Limited, a UK-based semiconductor and software design company.

Industry focus > Emerging markets Tier 4

Latham & Watkins is frequently involved in emerging markets finance transactions, particularly in the area of debt capital markets, bringing together extensive expertise in 144A issuances and liability management transactions. Its work sees it involved in a broad range of jurisdictions, including Russia, the CIS, the Middle East, Southern Europe and the Far East.

Industry focus > Life sciences and healthcare Tier 4

Latham & Watkins is known for advising on corporate and commercially strategic transactions and collaboration and licensing transactions within the life sciences and healthcare industry, also providing day-to-day commercial, regulatory and compliance advice. Global group co-chair Robbie McLaren is highly sought after for cross-border M&A and venture and growth capital investments in the sector. Senior associate Frances Stocks Allen is noted for her expertise in IP licensing, GDPR compliance issues and complex carve-outs.

Practice head(s):

Robbie McLaren

Other key lawyers:

Testimonials

‘The team is very good, thoughtful and balanced in approach. It makes good recommendations and is responsive.’

Key clients

Abcam

Acino Pharma

Allergan

Amgen

Astellas Pharma

Atai

Atnahs Pharma

Baxter

BC Partners

CVC Capital Partners

Eleusis

Exscientia

GlaxoSmithKline

KKR

Ligand Pharmaceuticals

Meira GTx

Mereo BioPharma

Nordic Capital

Norgine

Novartis

Novo Holdings

Oasmia

Osler Diagnostics

Permira

Pharmathen

Sobi

Synthon

Theramex

Zogenix

Real estate > Property finance Tier 4

Latham & Watkins has a focus on handling pan-European real estate finance transactions for investment banks, specialist lenders, financing syndicates, borrowers and investors, especially commercial mortgage transactions. Jeremy Trinder is global co-chair of the firm’s real estate practice and is adept at cross-border mandates involving structured finance. Quentin Gwyer has substantial expertise in advising on the debt and equity aspects of real estate mandates. Counsel James Beeson is skilled in acquisition and development finance.

Practice head(s):

Jeremy Trinder

Other key lawyers:

Key clients

Blackstone Real Estate Advisors

TDR Capital

Lineage Logistics

Stepstone

BAWAG

Cerberus Capital Management

Macquarie

Intriva Capital

Brookfield

Work highlights

  • Representing TDR Capital in the financing of its £2.75bn acquisition of a controlling stake in ASDA Group from Walmart Inc.’s wholly owned UK business.
  • Advised Blackstone as sole lender on the financing of the acquisition of 12 logistics properties in the UK by Northwood Investors.
  • Advising Cerberus in relation to a senior and mezzanine mortgage financing secured over a portfolio of UK logistics properties.

TMT (technology, media and telecoms) > Sport Tier 5

US giant Latham & Watkins's sports practice is known for its ‘impressive track record and array of specialised knowledge’. The team’s focus has recently  focused on commercial, regulatory and contentious mandates in addition to the hosting of major events and high-value M&A and finance deals. The ‘well-connected and establishedPatrick Mitchell fronts the offering - he has notable proficiency in media and sponsorship agreements, sports technology, the expansion of digital and media services, as well as the establishment and monetisation of major events.

Practice head(s):

Patrick Mitchell

Other key lawyers:

Ed Barnett

Testimonials

‘Impressive track record and an array of specialised knowledge. A highly motivated and efficient team that is fun to work with at the same time.’

‘Patrick Mitchell is well-connected and established in the sponsorship space and is an excellent negotiator.’

Key clients

Formula E

Endeavor

International Olympic Committee (IOC)

Dutch Formula One Grand Prix

Silver Lake Partners

Saudi Arabian Football Federation

DAZN

Elite Sports Management

IMG

Teamviewer

Buzzer Sports

Inter Milan

Work highlights

  • Advised Silver Lake Partners on its acquisition of a stake in City Football Group, the UK-based parent company of, among others, Manchester City Football Club, together with other investments in premium world sport.
  • Advised Teamviewer on sponsorship deals including becoming the new shirt sponsor of Manchester United and one of the leading sponsors of the World Championship winning Mercedes Formula 1 team.
  • Advised Formula E on various premium aspects of its operations, including media rights, sponsorship and team participation arrangements for the next generation of the increasingly popular world racing championship.

TMT (technology, media and telecoms) > Media and entertainment (including media finance)

Latham & Watkins LLP is noted for its ‘geographical reach and breadth of industry experience’, which makes it a strong choice for clients in the TV, film and digital industries. Practice head and ‘standout media partnerLisbeth Savill acts for clients such as film and TV producers and distributors, broadcasters, platforms and digital-first companies, as well as financiers and investment funds. Ian Felstead has considerable experience of advising on commercial litigation and regulatory disputes in the media and technology sectors. Patrick Mitchell has a particular focus on media rights and distribution agreements, while Mike Turner (who joined from Taylor Wessing LLP in 2020) handles M&A, private equity and venture capital transactions. Associate Rachael Astin is another key contact in the team. Clare Hardwick left the firm in 2020.

Practice head(s):

Lisbeth Savill

Other key lawyers:

Ian Felstead; Patrick Mitchell; Robbie McLaren; Farah O’Brien; Mike Turner; Rachael Astin; Stewart Robinson

Testimonials

‘Top broad media practice. I would recommend this team for complex corporate and finance media matters with tight deadlines. A reliable and trusted advisor for us in media finance.’

‘Lisbeth Savill is a standout media partner. A brilliant experienced lawyer with strong commercial advice.’

‘Broad entertainment experience (both geographical reach and breadth of industry experience).’ 

‘Our clients are in many geographic areas and Latham & Watkins has expertise and offices globally. It makes the process of asking a question regarding law in Germany, the UK or US very easy and seamless.’

Key clients

Cohen Media Group LLC

Sony Pictures Entertainment

Eon Productions

Warner Bros Entertainment Inc

Endeavor/IMG

ITV plc

Studiocanal

Pinewood Studios

Moonbug Entertainment Limited

MGM

ViacomCBS Inc. and CBS Studios Inc.

DAZN

Formula E

Work highlights

  • Advised Cohen Media Group, LLC on the acquisition by Cohen Curzon Media Group Limited of the entire issued share capital of Trentnet Limited, which, together with its subsidiaries, operates the Curzon cinema chain business, Curzon Home Cinema app and Artificial Eye film distribution business.
  • Advised Moonbug Entertainment Limited on its acquisition of Cocomelon.
  • Advised Sony Pictures Entertainment and its subsidiary, Columbia Pictures Corporation, on the $195m acquisition of Silvergate Media.

Crime, fraud and licensing > Gaming and betting

Latham & Watkins strengthened its betting and gaming practice significantly with the arrival of Mike Turner, who focuses on venture capital, private equity and M&A transactions in the sector, from Taylor Wessing LLP in May 2020.

United States > Finance > Capital markets: global offerings

Latham & Watkins LLP's eminence across the equity and debt space and its international standing and reach, makes it a top firm for global offerings, particularly those originating from Europe, the Middle East and Asia. The firm is also active in Latin America offerings and is a dominant player in the Israeli market. I na recent highlight, New York partner Nathan Ajiashvili and London's Joshua Kiernan advised NeoGames, the Israel-based online gaming and lottery business, on its Nasdaq IPO. Global chair of the corporate department Marc Jaffe is a frequent advisor to non-US issuers in debt and equity offerings, and global chair of the capital markets group Ian Schuman is another titan of the global offering segment. The firm is recognized as a leader in both issuer and underwriter work.

Practice head(s):

Ian Schuman; Ryan Maierson; Rüdiger Malaun; Cathy Yeung

Other key lawyers:

Key clients

Abcam plc

Ascendis Pharma

Bank of America

Barclays

Citigroup

Farfetch

Fiverr International Limited

Goldman Sachs

HeadHunter

Morgan Stanley

Work highlights

  • Advised Abcam plc on its $156m dual-listing on Nasdaq and the London Stock Exchange.
  • Advised NeoGames on its $95m IPO on Nasdaq.
  • Represented the underwriters of Saudi Aramco’s $29.4bn IPO, the largest IPO in history.

United States > Finance > Structured finance: securitization

Latham & Watkins LLP is a firm with a strong pedigree in securitization, fielding lawyers who are known for handling esoteric matters, with particular experience in the securitization of renewable energy assets, rental car fleets, data center assets and telecoms assets. Practice vice chair Loren Finegold is based in New York, and is recommended for telecom asset securitizations as well as transactions in the energy sector. Also in New York, Kevin Fingeret is strong for esoteric and operating asset securitizations; while Chicago's Ellen Marks combines securitization transactional experience with noted regulatory expertise. Global practice chair Sanjev Warna-Kula-Suriya is based in London.

Practice head(s):

Loren Finegold; Sanjev Warna-Kula-Suriya

Other key lawyers:

Kevin Fingeret; Ellen Marks; Vicki Marmorstein; Dominic Yoong; Douglas Burnaford; Kenneth Askin

Key clients

Deutsche Bank

Guggenheim Securities

Goldman Sachs

Barclays

Ares

Onex

Carlyle

AXA

Alcentra

Black Diamond

Work highlights

  • Advised Deutsche Bank Securities on the amendment and extension of Hertz HVF II 2013-A Variable Funding Note Program.
  • Advised Capital Automotive LLC and its affiliates, with Brookfield Asset Management as sponsor, on an additional note issuance under an existing net lease securitization collateralized by mortgaged properties and related leases.
  • Advised Guggenheim Securities as structuring agent and initial purchaser on the issuance by Vantage Data Centers, a leading global provider of hyperscale data center campuses, of secured data center revenue notes, Series 2020-1, Class A-2 and Series 2020-2, Class A-2.

United Arab Emirates > Banking and finance: Corporate finance (including Islamic lending)

Latham & Watkins LLP has a strong client base that includes financial institutions, government-related entities, private equity firms and funds. The practice has a broad range of expertise and is led by Villiers Terblanche, who specialises in complex infrastructure transactions and regulatory reform projects. Chirag Sanghrajka has extensive experience advising clients on all phases of development and financing of energy, telecoms and infrastructure projects. Key changes to the team include the return of Christian Adams from an in-house position, bolstering the firm's finance and restructuring capabilities in the UAE.

Practice head(s):

Villiers Terblanche

Other key lawyers:

Testimonials

‘Their key strengths are being: solution orientated, knowledgeable, responsive, helpful, able to think out of the box.’

‘Their exceptional level of responsiveness with tailored solutions and consistently high-quality work product despite time differences, pandemic-related constraints and tight turnaround times.’

‘Appreciated working with Chirag Sanghrajka. His professional candid demeanour is assuring and he strikes one as being extremely competent, efficient and effective in his field of expertise and this is well reflected in the services received. When engaging with him protracted interactions are not needed as his depth of subject matter knowledge and prior relevant experience allow him to quickly grasp the issues and propose a feasible solution.’

Key clients

Public Investment Fund

Global Infrastructure Partners

Saudi Ports Authority

TruKKer

Jabal Omar Development Company

HSBC

The Mauritius Commercial Bank Limited

Nedbank

Riyad Bank

Work highlights

  • Advised the Public Investment Fund of the Kingdom of Saudi Arabia on its landmark $15bn multi-currency revolving credit facility.
  • Advised the EBRD, the OPEC Fund, the AfDB, and Arab Bank on a $114m financing package, also involving financing from the Green Climate Fund, for the construction of ACWA Power Kom Ombo solar power plant in the Aswan Province, Egypt.
  • Advised a consortium on bridge financing in connection with a minority investment agreement with Abu Dhabi National Oil Company (ADNOC) for the consortium to invest in select ADNOC gas pipeline assets.

United Arab Emirates > Infrastructure and projects (including project finance)

Latham & Watkins LLP's team is led by Villiers Terblanche, who specialises in advising sponsors, investors and host governments on complex multi-sourced financings. Chirag Sanghrajka is another project finance expert with expertise advising clients in the energy, infrastructure and natural resources space. Craig Nethercott and Derek McKinley are other key individuals.

Practice head(s):

Villiers Terblanche

Testimonials

‘The Latham & Watkins team has been outstanding regarding a number of large industrial projects (many of which were project financed), especially in the US, Middle East and Asia. They know all the players and enjoy a stellar reputation in the geographies in which we have worked with them.’

‘Every L&W team we worked with, regardless of geography, were always well prepared and incredibly responsive. For any project in the Middle East, the first attorney we call is Villiers Terblanche, a partner in L&W’s Dubai office.’

‘The team are first class in all respects. They know the law back to front, are fully commercial and very engaging. They have a deep bench of talent and are always forward thinking.’

‘Chirag Sanghrajka is the best lawyer I have worked with. He has an unlimited legal and commercial skill-set which is invaluable in the cutting edge renewable projects he has assisted me with. The wider team, led by Craig Nethercott is also excellent. I always feel they make time for me.’

Key clients

Public Investment Fund

Global Infrastructure Partners

The European Bank for Reconstruction and Development (EBRD)

OPEC Fund for International Development

African Development Bank (AfDB)

Arab Bank

The Oil & Gas Holding Company B.S.C. (c) (nogaholding)

Saudi Ports Authority

Air Products

EIG

Work highlights

  • Advised the Public Investment Fund (PIF), the Sovereign Wealth Fund of Saudi Arabia, in relation to the development and project financing of the 1.5-GW Sudair Solar photovoltaic (PV) plant in Saudi Arabia.
  • Advised the consortium on the bridge financing in connection with a minority investment agreement with Abu Dhabi National Oil Company (ADNOC), the state-owned oil company of the UAE, for the consortium to invest in select ADNOC gas pipeline assets valued at $20.7bn.
  • Advised the European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (the OPEC Fund), the African Development Bank (AfDB), and Arab Bank on a $114m financing package, also involving financing from the Green Climate Fund (GCF), for the construction of ACWA Power Kom Ombo solar power plant.

United States > Dispute resolution > Corporate investigations and white-collar criminal defense

Latham & Watkins LLP is well known for its representation of high-profile, high-net-worth individuals and multinational corporations in white-collar criminal investigations and regulatory enforcement matters. The firm fields a team of veteran litigators with deep expertise in insider trading, market abuse, mortgage and healthcare fraud, and FCPA matters. The practice is jointly led by Washington DC’s Douglas Greenburg, New York-based Benjamin Naftalis and Nathan Seltzer in the firm's London office. Greenburg is recommended for issues involving money laundering, sanctions and securities fraud, while Naftalis, a former federal prosecutor, regularly handles internal investigations and civil litigation with international components. In New York, the team was strengthened by the arrival of two new partners: Robert Hotz Jr joined from Akin Gump Strauss Hauer & Feld LLP in February 2020, and Michael Bosworth joined from an in-house role at MacAndrews & Forbes in July 2020. Kathryn Ruemmler left for an in-house role at Goldman Sachs in April 2020.

Practice head(s):

Douglas Greenburg; Benjamin Naftalis; Nathan Seltzer

Other key lawyers:

Leslie Caldwell; Alice Fisher; Christopher Clark

Key clients

Senator Richard Burr

Daniel Ustian

The Gianulli Family

Gary Winemaster

William Meek

Tom L. Ward

Andy Intrater and Columbus Nova.

Latham & Watkins is a leading international law firm with renowned practices across a wide spectrum of transactional, litigation, corporate and regulatory areas.

The firm: Latham boasts an award-winning London office recognised for its handling of complex cross-border matters for corporates, investment banks, private equity houses and governments in the UK and throughout the world.

Types of work undertaken
Banking and leveraged finance: Latham has a leading finance practice known in the market for its unique ability to be able to transition seamlessly between all forms of senior and subordinated loan, bond, ‘bank and bond’ and hybrid capital structures. The group regularly advises arrangers, lenders, sponsors and/or other borrowers on all types of leveraged and acquisition finance whether the governing law is English, New York, French, German, Italian, Russian or Spanish.

Capital markets: Latham is one of the world’s most active capital markets firms, with vast experience representing underwriters and issuers in debt and equity financing transactions, and is recognised as a market leader in high-yield debt work. Latham’s lawyers handle rights offerings, IPOs, eurobond financings, senior note offerings, high-yield, senior secured debt, and other global equity and debt-related issues.

Derivatives: Latham’s practice is both transactional and advisory. The group acts for both financial institutions and non-financial corporate clients with respect to the full range of over-the-counter (OTC) and exchange-traded derivative products.

Dispute resolution: the London practice boasts market-leading experts who specialise in complex cross-border litigation, arbitration, public international law, intellectual property and white-collar disputes.

EU and competition: Latham’s premier competition law team operates at both EU and member state levels. In London, Latham has an extensive merger control and antitrust investigations and counselling practice. Latham is one of the few firms with a market-leading criminal cartel defence and civil antitrust litigation experience.

M&A and private equity: a market-leading practice that specialises in advising leading corporates, private equity sponsors, funds and investment banks on complex cross-border transactions.

Project finance: consistently ranked among the world’s top global projects firms, Latham’s lawyers have represented sponsors, lenders (including ECAs, IFIs, conventional and Islamic debt providers) and governments in more than 1,000 projects over the last 20 years.

Restructuring and insolvency: the top-ranking practice represents debtors and creditors on workouts, restructurings and insolvencies. Latham is one of the few firms to combine leading finance capabilities with a knowledge of the high-yield bond and private placement markets, with comprehensive cross-border restructuring expertise.

Structured finance: a diverse practice representing financial institutions and issuers on complex and ground-breaking structured finance transactions across a wide spectrum of asset types, with specialist advice on Basel II and the new Basel III framework.

Tax: Latham offers integrated, multi-jurisdictional tax capabilities, developing practical solutions to complex international tax problems, including advising on cross-border M&A, private equity and securities offerings, planning for multinationals and international tax controversies.

Technology and outsourcing: recognised for the strength of its legal and commercial expertise in expert IT outsourcings, the team counsels leading clients in relation to the acquisition, development, protection, exploitation, licensing and sale of technology.

Environmental: the practice provides advice to clients on the environmental aspects of corporate transactions, contaminated land and regulatory issues, product-related issues, environmental risk and climate change.

Investment funds: the practice advises sponsors and investors on the structuring, marketing and operation of investment funds across a variety of strategies (including buyout, growth, credit, infrastructure and real estate) and jurisdictions.

Other offices: Abu Dhabi, Barcelona, Beijing, Boston, Brussels, Century City, Chicago, Doha, Dubai, Dusseldorf, Frankfurt, Hamburg, Hong Kong, Houston, Los Angeles, Madrid, Milan, Moscow, Munich, New York, Orange County, Paris, Riyadh, Rome, San Diego, San Francisco, Shanghai, Silicon Valley, Singapore, Tokyo, Washington DC

DepartmentNameEmailTelephone
Managing partner Stephen Kensell
Banking and leveraged finance Mo Nurmohamed
Capital markets James Inness and Chris Horton
Derivatives Dean Naumowicz
Dispute resolution Martin Davies
Employment and benefits Catherine Drinnan
EU and competition Jonathan Parker
High yield Brett Cassidy
International arbitration Philip Clifford QC and Sophie Lamb QC
IT and outsourcing Andrew Moyle
Litigation Oliver Browne
Mergers and acquisitions Mike Bond
Private equity David Walker
Public international law Charles Claypoole
Real estate Jeremy Trinder
Restructuring and insolvency Simon Baskerville
Scandinavia practice Sam Hamilton
Securitisation and structured finance Sanjev Warna-kula-suriya
Tax Sean Finn
Venture capital and investment funds Nick Benson
PhotoNamePositionProfile
James Burnett  photo James Burnett James Burnett is a partner in the London office of Latham &…
John Colahan photo John ColahanJohn Colahan is a partner in Latham & Watkins’ London office. Prior…
Gail Crawford photo Gail CrawfordPartner
Stuart Davis photo Stuart DavisPartner
Fiona Maclean photo Fiona MacleanPartner
Andrew Moyle photo Andrew MoylePartner
Number of UK fee-earners : 250

The Lex 100 Verdict

With a ‘large international presence and a good amount of high-profile work to get involved with’. Latham & Watkins is a major name in the transatlantic legal market. A Lex 100 Winner in three categories – job satisfaction, confidence in being kept on, and international secondments, the firm is ‘one of the fastest growing firms in London’. Latham & Watkins ‘has a range of practice-areas’, a strong emphasis on training and a ‘smaller intake’, allowing trainees to ‘get involved’. Trainees related that ‘the formal training sessions at the start of each seat are excellent'; another commented that 'the resources available online are also very comprehensive. As such, I think the training rivals anything that I have heard from peers elsewhere’. Training is also ‘not silo-ed’ and you are ‘encouraged to attend training sessions at other levels and for related departments’. Winning the award for job satisfaction, it is no surprise that Latham & Watkins trainees have ‘a lot of responsibility and can take ownership over discrete workstreams’. Also there are ‘a range of events and socials to help trainees integrate into the firm which is especially important given remote working’. A common theme in feedback is praise for the firm’s culture and people: ‘the culture is very meritocratic and everyone I have met has been approachable and welcoming' and 'there is a great culture across the firm in terms of inclusiveness and working as a team to make life easier for everyone’. If you are looking for headline work, a small intake, and don’t mind the pressures that come with working at a top US firm, then Latham & Watkins is a firm to watch.